Exide Industries Balance Sheet Health
Financial Health criteria checks 5/6
Exide Industries has a total shareholder equity of ₹138.4B and total debt of ₹14.4B, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are ₹202.8B and ₹64.4B respectively. Exide Industries's EBIT is ₹12.5B making its interest coverage ratio 12.1. It has cash and short-term investments of ₹5.1B.
Key information
10.4%
Debt to equity ratio
₹14.43b
Debt
| Interest coverage ratio | 12.1x |
| Cash | ₹5.11b |
| Equity | ₹138.43b |
| Total liabilities | ₹64.41b |
| Total assets | ₹202.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500086's short term assets (₹66.4B) exceed its short term liabilities (₹49.6B).
Long Term Liabilities: 500086's short term assets (₹66.4B) exceed its long term liabilities (₹14.8B).
Debt to Equity History and Analysis
Debt Level: 500086's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 500086's debt to equity ratio has increased from 0.9% to 10.4% over the past 5 years.
Debt Coverage: 500086's debt is well covered by operating cash flow (44.9%).
Interest Coverage: 500086's interest payments on its debt are well covered by EBIT (12.1x coverage).